News - Business and Economy

Nigeria’s Inflation Rate Rises By 1.24% In June

10 months ago /

Nigeria’s headline inflation rate rose by 1.24 percent in June 2018, up by 0.15 percent points from the rate recorded in May 2018. This is the month-on-month headline index.

Reps Ask CBN To Stop Collecting Interest From AMCON

10 months ago /

The House of Representatives Committee on Banking and Currency wants the Central Bank of Nigeria to stop the collection of interest from the Asset Management Corporation of Nigeria, AMCON

Buhari Urges National Assembly To Review Aspects Of 2018 Budget

10 months ago /

President Muhammdu Buhari has urged the National Assembly to take a deeper look at the  concerns  he raised in some areas of the  2018 Budget .

Public, Private Partnerships Focused On Delivering Critical Infrastructure- FG

10 months ago /

The Secretary to the government of the federation, Boss mustapha says government will not compromise the dividends of democracy as it considers and enters into various Public Private Partnerships to deliver critical infrastructure

Academic Seeks Simplification Of Preparation Of Budgets

10 months ago /

Professor Musa Fodio, an expert in Finance and Accounting has called for the simplification of the preparation of the Nigerian Budget at all ties of Government to make it more user friendly.

 

Eritrea President Afwerki Visits Ethopia

10 months ago /

Eritrea's president isaias afwerki is visiting ethiopia for the first time since the start of the two countries' border war in 1998.

Buhari Seeks Partnership With Lending Banks To Improve Infrastructure

10 months ago /

President Muhammadu Buhari has called for stronger partnership with lending banks to reduce the nation’s infrastructure deficit, assuring of his administration’s full commitment to implement all agreements.

Nigerian Economy Vulnerable To Attacks-Cyber Security Experts Warn

10 months ago /

Cyber security experts have warned that Nigeria may be vulnerable to cyber attacks due to the highly integrated nature of ICT into activities of both the private and public sector.

F.G. To Review Beverage Tariff Increase

10 months ago /

The Federal Government says there is need to review the newly introduced 500 percent excise duty on locally produced alcoholic beverages.

NEC Directs Finance Ministry To Speedily Resolve Disagreements Over Remittances

10 months ago /

The  National Economic Council (NEC) has directed the Ministry of Finance and the Federal Allocation and Accounts Committee (FAAC) to speedily resolve the issues over remittances by the Nigerian National Petroleum Corporation into the Federation Account.

FG Partners Russia On Steel Development

10 months ago /

Nigeria’s Minister of Mines and Steel Abubakar Bwari says government is seeking improved Economic ties with Russia in harnessing the full potential of the nation’s solid Minerals development.

Mining Sector Key To Nigeria’s Economic Diversification - Buhari

10 months ago /

President Muhammadu Buhari  says the Federal Government’s key policy objective of rejuvenating the mining sectors being realised as witnessed by the diversification of the economy and broadening of the country’s revenue base.

FG Commits To Ease Of Doing Business

10 months ago /

The Nigerian government has again restated its commitment to ensuring that there is a change in the business environment across the country. 

APC Convention Promotes Brisk Business

11 months ago /

It’s no longer news that the All Progressive Congress held its National Convention in Abuja on Saturday.

CBN Says Ready For China Currency Swap

11 months ago /

The central bank of Nigeria has expressed its readiness to deal with any challenges that arise from the global economy and meet the foreign exchange demands in the country. 

Chinese Media Mocks Trump Over Trade Tariffs

11 months ago /

Chinese media have mocked us president Donald Trump over the imposition of 25% tariffs on $50bn worth of Chinese goods, saying "wise men build bridges but fools build walls".  

Nigeria Inflation Drops To 11.61% In May

11 months ago /

The consumer price index (CPI), which measures inflation, dropped to 11.61 percent (year on year) in may 2018.  

Plan For A World Beyond Oil – Osinbajo Tells African Oil Producing Countries

11 months ago /

Vice President Yemi Osinbajo has urged oil producing countries in Africa to make deliberate plans for a world beyond oil.

Buhari Appoints Shonubi As Deputy Governor Of CBN

11 months ago /

President Muhammadu Buhari has approved the nomination of Mr. Folashodun Adebisi Shonubi as Deputy Governor at the Central Bank of Nigeria subject to Senate confirmation.

Nigeria To Boost Economic Ties With Tanzania

11 months ago /

President Muhammadu Buhari says Nigeria is ready to boost economic ties with Tanzania for the benefit of citizens of both countries.


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